14th of December 2020
Sharkawy & Sarhan acted for the European Bank for Reconstruction and Development ” EBRD” in relation to the USD 12 million loan for the development of a new hotel in west Cairo, serving the grand Egyptian museum and great Giza pyramids
Sharkawy & Sarhan acted for the European Bank for Reconstruction and Development ” EBRD” in relation to the USD 12 million loan for the development of a new hotel in west Cairo, serving the grand Egyptian museum and great Giza pyramids
By: Ahmed Haggag and Noha Eissa
Keywords: Financial Institutions
We are delighted to announce that Sharkawy & Sarhan acted for the European Bank for Reconstruction and Development (EBRD), as lender’s local counsel, in relation to the USD 12 million loan for the development of a new hotel in West Cairo, serving the Grand Egyptian Museum and Great Giza Pyramids.
The loan is to Al Dau Al Haram for Hotels Operations SAE, a company established in Egypt to develop and operate the Hyatt Regency hotel within the Pyramids Heights Business Park in West Cairo. The company is part of the Al Dau Development group of companies active in the hospitality sector in Egypt and the UK.
Partner Ahmed Haggag and associate Noha Eissa led the Sharkawy & Sarhan team on this key transaction for EBRD.
The loan is to Al Dau Al Haram for Hotels Operations SAE, a company established in Egypt to develop and operate the Hyatt Regency hotel within the Pyramids Heights Business Park in West Cairo. The company is part of the Al Dau Development group of companies active in the hospitality sector in Egypt and the UK.
Partner Ahmed Haggag and associate Noha Eissa led the Sharkawy & Sarhan team on this key transaction for EBRD.
SHARKAWY & SARHAN ACTED FOR THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT “EBRD” IN RELATION TO THE USD 12 MILLION LOAN FOR THE DEVELOPMENT OF A NEW HOTEL IN WEST CAIRO, SERVING THE GRAND EGYPTIAN MUSEUM AND GREAT GIZA PYRAMIDS
14th of December 2020
By: Ahmed Haggag and Noha Eissa
Keywords: Financial Institutions
We are delighted to announce that Sharkawy & Sarhan acted for the European Bank for Reconstruction and Development (EBRD), as lender’s local counsel, in relation to the USD 12 million loan for the development of a new hotel in West Cairo, serving the Grand Egyptian Museum and Great Giza Pyramids.
The loan is to Al Dau Al Haram for Hotels Operations SAE, a company established in Egypt to develop and operate the Hyatt Regency hotel within the Pyramids Heights Business Park in West Cairo. The company is part of the Al Dau Development group of companies active in the hospitality sector in Egypt and the UK.
Partner Ahmed Haggag and associate Noha Eissa led the Sharkawy & Sarhan team on this key transaction for EBRD.
The loan is to Al Dau Al Haram for Hotels Operations SAE, a company established in Egypt to develop and operate the Hyatt Regency hotel within the Pyramids Heights Business Park in West Cairo. The company is part of the Al Dau Development group of companies active in the hospitality sector in Egypt and the UK.
Partner Ahmed Haggag and associate Noha Eissa led the Sharkawy & Sarhan team on this key transaction for EBRD.
